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Dubai Airshow Day 2: UAE military inks $3bn deals

  • The total number of deals in these two days have been 10 contracts with a total value of AED16.52 billion ($4.5 billion)
  • The deals of the first day amounted to AED5.24 billion ($1.43 billion), including one with Airbus Defense

The UAE’s Ministry of Defense said on the second day of the Dubai Airshow 2021 that the military had signed five deals value at around AED11.28 billion ($3.07 billion) with local and international companies.

The total number of deals in these two days have been 10 contracts with a total value of AED16.52 billion ($4.5 billion).

The deals of the first day amounted to AED5.24 billion ($1.43 billion), including one with Airbus Defense.

The first deal was contracted with the Greek company Sielman to provide technical support and maintenance for air force and air defense at the value of AED3.673 million (around $1 million).

The second contract was signed with the Swiss firm Rheinmetall Air Defence AG to provide technical support services for air force and air defense at the value of AED5.56 million (around $1.51 million).

The third contract was signed with the French company Hensoldt France SAS to buy communication devices for air force and air defense at the value of AED13.17 billion ($3.59 billion).

The fourth contract was signed with the US firm Northrop Grumman International Trading to provide technical support services for air force and air defense at a value of AED14 million ($3.81 million).

The fifth and last contract was signed with the local company, Global Aerospace Logistics LLC, to provide maintenance and technical support for the aircraft of the Command of Air Force and Air Defence for three years at the value of AED11,25 billion ($3.06 billion).

The announcements were made the presence of Major General Staff Pilot Ishaq Saleh Al Balushi, Executive Director of the Military Organizing Committee of the Dubai Airshow 2021, and Lt Col Pilot Sarah Hamad Al-Hajari, official spokesperson for the airshow.

Al Balushi was quoted by official sources as saying at the event: “The deals concluded on the second day of the airshow are different from one another, because they have been signed with several countries. There is one local contract and four international contracts with our partners abroad.”